Mears Group plc (LON:MER – Get Free Report)’s stock price dropped 9.1% during trading on Wednesday . The stock traded as low as GBX 345.50 ($4.49) and last traded at GBX 350 ($4.54). Approximately 510,074 shares were traded during trading, an increase of 30% from the average daily volume of 392,014 shares. The stock had previously closed at GBX 385 ($5.00).
Mears Group Stock Up 4.2 %
The company has a debt-to-equity ratio of 137.41, a current ratio of 0.87 and a quick ratio of 0.92. The business’s fifty day moving average price is GBX 378.58 and its two-hundred day moving average price is GBX 374.48. The stock has a market capitalization of £303.62 million, a PE ratio of 790.24, a price-to-earnings-growth ratio of 0.68 and a beta of 1.26.
Mears Group Cuts Dividend
The company also recently disclosed a dividend, which was paid on Thursday, October 3rd. Stockholders of record on Thursday, September 12th were issued a GBX 4.75 ($0.06) dividend. This represents a dividend yield of 1.4%. The ex-dividend date of this dividend was Thursday, September 12th. Mears Group’s dividend payout ratio is presently 3,414.63%.
Insider Transactions at Mears Group
About Mears Group
Mears Group plc, together with its subsidiaries, provides various outsourced services to the public and private sectors in the United Kingdom. The company offers rapid-response and planned maintenance services to local authorities; gas and repair services; and maintenance and repairs, capital works, energy investment, and regeneration solutions for public buildings, as well as grounds maintenance services.
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